Please use this identifier to cite or link to this item:
https://dair.nps.edu/handle/123456789/432
Full metadata record
DC Field | Value | Language |
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dc.contributor.author | Chong Wang | |
dc.contributor.author | Joseph San Miguel | |
dc.date.accessioned | 2020-03-16T17:28:34Z | - |
dc.date.available | 2020-03-16T17:28:34Z | - |
dc.date.issued | 2011-04-30 | |
dc.identifier.citation | Published--Unlimited Distribution | |
dc.identifier.uri | https://dair.nps.edu/handle/123456789/432 | - |
dc.description | Acquisition Management / NPS Faculty Research | |
dc.description.abstract | Frequent and substantial cost overruns in Major Defense Acquisition Programs (MDAP) have been criticized by the administration, lawmakers, and taxpayers. Critics often blame the dominant use of cost-plus contracts in the defense procurement system as the root cause of the inefficiency. In turn, a strong preference for fixed-price contracts as opposed to cost-plus contracts has been expressed on multiple occasions. In this research, we highlight the possible unintended consequences of advocating wider use of fixed-price contracts in Department of Defense (DoD) acquisitions. The implication of this study is that the mindset that fixed-price contracts are better than cost-plus contracts is misleading and can potentially do more harm than good in DoD major weapon system acquisition. | |
dc.description.sponsorship | Acquisition Research Program | |
dc.language | English (United States) | |
dc.publisher | Acquisition Research Program | |
dc.relation.ispartofseries | Fixed-price | |
dc.relation.ispartofseries | SYM-AM-11-031 | |
dc.subject | MDAP | |
dc.subject | Cost Plus Contracts | |
dc.subject | Defense Procurement System | |
dc.subject | Fixed Price Contracts | |
dc.title | Unintended Consequences of Advocating Use of Fixed-Price Contracts in Defense Acquisition Practice | |
dc.type | Article | |
Appears in Collections: | Annual Acquisition Research Symposium Proceedings & Presentations |
Files in This Item:
File | Size | Format | |
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SYM-AM-11-031.pdf | 122.07 kB | Adobe PDF | View/Open |
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